Automotive Lightweight Materials Market by Material Type (Composite, Elastomer, Metal), Component (Bumper & Fender, Door, Engine & Exhaust), Vehicle, Electric & Hybrid Vehicle, Application - Global Forecast 2023-2030

Automotive Lightweight Materials Market by Material Type (Composite, Elastomer, Metal), Component (Bumper & Fender, Door, Engine & Exhaust), Vehicle, Electric & Hybrid Vehicle, Application - Global Forecast 2023-2030


The Automotive Lightweight Materials Market is projected to reach USD 164.38 billion by 2030 from USD 89.91 billion in 2022, at a CAGR of 7.83% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive Lightweight Materials Market.
  • Based on Material Type, market is studied across Composite, Elastomer, Metal, and Plastic. The Composite is further studied across Carbon Fiber Reinforced Polymer, Glass Fiber Reinforced Polymer, and Natural Fiber Reinforced Polymer. The Elastomer is further studied across EPDM, NR, and SBR. The Metal is further studied across Advanced High Strength Steel, Aluminum, High Strength Steel, and Magnesium & Titanium. The Plastic is further studied across ABS, PA, PC, and PU. The Composite is projected to witness significant market share during forecast period.
  • Based on Component, market is studied across Bumper & Fender, Door, Engine & Exhaust, Frame, Fuel Tank, Hood & Trunk Lid, Instrument Panel, Seat, Transmission, and Wheel. The Engine & Exhaust is projected to witness significant market share during forecast period.
  • Based on Vehicle, market is studied across Heavy Commercial Vehicle, Light Commercial Vehicle, and Passenger Car. The Passenger Car is further studied across Economy Car, Mid-Sized Car, and Premium Car. The Light Commercial Vehicle is projected to witness significant market share during forecast period.
  • Based on Electric & Hybrid Vehicle, market is studied across Battery Electric Vehicle, Electric Bus, Electric Truck, Hybrid Electric Vehicle, and Plug-In Hybrid Electric Vehicle. The Battery Electric Vehicle is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Body in White, Chassis & Suspension, Closures, Interiors, and Powertrain. The Closures is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive Lightweight Materials Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Automotive Lightweight Materials Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Lightweight Materials Market, highlighting leading vendors and their innovative profiles. These include Alcoa Corporation, ArcelorMittal S.A., BASF SE, Covestro AG, DuPont de Nemours, Inc., Henkel AG & Co. KGaA, Lyondellbasell Industries Holdings B.V., Novelis, Inc., Owens Corning, POSCO, Stratasys Ltd., Tata Steel Limited, Thyssenkrupp AG, Toray Industries, Inc., and United States Steel Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Automotive Lightweight Materials Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Automotive Lightweight Materials Market?
  3. What is the competitive strategic window for identifying opportunities in the Automotive Lightweight Materials Market?
  4. What are the latest technology trends and regulatory frameworks in the Automotive Lightweight Materials Market?
  5. What is the market share of the leading vendors in the Automotive Lightweight Materials Market?
  6. Which modes and strategic moves are suitable for entering the Automotive Lightweight Materials Market?


Please Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Automotive Lightweight Materials Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Stringent regulatory norms to alleviate vehicle emissions and increasing lightweight automobile production
5.1.1.2. Increasing need for vehicle stability, safety, and durability of vehicles
5.1.1.3. Growing adoption of electric and hybrid vehicles
5.1.2. Restraints
5.1.2.1. High cost of automotive lightweight materials
5.1.3. Opportunities
5.1.3.1. Technological advancements and innovations in automobile sector
5.1.3.2. Increase in R&D activities for recycling of lightweight automotive materials
5.1.4. Challenges
5.1.4.1. Concerns regarding maintenance of lightweight materials
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Automotive Lightweight Materials Market, by Material Type
6.1. Introduction
6.2. Composite
6.3.1. Carbon Fiber Reinforced Polymer
6.3.2. Glass Fiber Reinforced Polymer
6.3.3. Natural Fiber Reinforced Polymer
6.3. Elastomer
6.4.1. EPDM
6.4.2. NR
6.4.3. SBR
6.4. Metal
6.5.1. Advanced High Strength Steel
6.5.2. Aluminum
6.5.3. High Strength Steel
6.5.4. Magnesium & Titanium
6.5. Plastic
6.6.1. ABS
6.6.2. PA
6.6.3. PC
6.6.4. PU
7. Automotive Lightweight Materials Market, by Component
7.1. Introduction
7.2. Bumper & Fender
7.3. Door
7.4. Engine & Exhaust
7.5. Frame
7.6. Fuel Tank
7.7. Hood & Trunk Lid
7.8. Instrument Panel
7.9. Seat
7.10. Transmission
7.11. Wheel
8. Automotive Lightweight Materials Market, by Vehicle
8.1. Introduction
8.2. Heavy Commercial Vehicle
8.3. Light Commercial Vehicle
8.4. Passenger Car
8.5.1. Economy Car
8.5.2. Mid-Sized Car
8.5.3. Premium Car
9. Automotive Lightweight Materials Market, by Electric & Hybrid Vehicle
9.1. Introduction
9.2. Battery Electric Vehicle
9.3. Electric Bus
9.4. Electric Truck
9.5. Hybrid Electric Vehicle
9.6. Plug-In Hybrid Electric Vehicle
10. Automotive Lightweight Materials Market, by Application
10.1. Introduction
10.2. Body in White
10.3. Chassis & Suspension
10.4. Closures
10.5. Interiors
10.6. Powertrain
11. Americas Automotive Lightweight Materials Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Automotive Lightweight Materials Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Automotive Lightweight Materials Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Alcoa Corporation
15.1.2. ArcelorMittal S.A.
15.1.3. BASF SE
15.1.4. Covestro AG
15.1.5. DuPont de Nemours, Inc.
15.1.6. Henkel AG & Co. KGaA
15.1.7. Lyondellbasell Industries Holdings B.V.
15.1.8. Novelis, Inc.
15.1.9. Owens Corning
15.1.10. POSCO
15.1.11. Stratasys Ltd.
15.1.12. Tata Steel Limited
15.1.13. Thyssenkrupp AG
15.1.14. Toray Industries, Inc.
15.1.15. United States Steel Corporation
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing

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